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Future Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

GOLD Dec 2020 (NYMEX:GC.Z20)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_GC.Z20
Open High Low GC.Z20 Price Change
1601.0 1608.4 1597.3 1608.4 +8.5
Entry Signal

MarketClub’s Trade Triangles for GC.Z20

long term up The long term trend has been UP since Jun 5th, 2019 at 1368.2

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1506.1

short term up The short term trend has been UP since Feb 7th, 2020 at 1592.7

Smart Scan Analysis for GC.Z20

Based on a pre-defined weighted trend formula for chart analysis, GC.Z20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for GC.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1601.0 1608.4 1597.3 1608.4 +8.5
Prev. Close Volume Bid Ask Time
1577.8 1344 2020-02-14 16:40:58
First Delivery2020-12-31Expiration2020-12-29
Open Time18:00Close Time17:00
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